HEYWOOD POWER LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
Cash
£3K
-98.3% vs 2024
Net assets
-£301K
-828.7% lowest in 5 filed years
Employees
0
Average over period
Profit before tax
-£358K
-726.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-04-30 | 2022-04-30 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £144,424 | |
| Operating profit | — | — | — | — | -£19,860 | -£57,609 | |
| Profit before tax | — | — | — | — | -£43,332 | -£357,970 | |
| Net profit | — | — | — | — | -£32,499 | -£268,478 | |
| Cash | — | — | — | — | £183,165 | £3,140 | |
| Total assets less current liabilities | — | £100 | £100 | — | £1,241,073 | £3,952,995 | |
| Net assets | £100 | £100 | £100 | — | -£32,399 | -£300,877 | |
| Equity | £100 | £100 | £100 | — | -£32,399 | -£300,877 | |
| Average employees | — | — | 0 | — | 0 | 0 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-04-30 | 2022-04-30 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -39.9% | |
| Net margin | — | — | — | — | — | -185.9% | |
| Return on capital employed | — | — | — | — | -1.6% | -1.5% | |
| Interest cover | — | — | — | — | -0.85x | -0.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Company has adequate resources to continue in operation for the foreseeable future, and so they continue to adopt the going concern basis in preparing the Annual Financial Statements for the year ended 31 March 2025.”
Significant events
- “On 18th November 2025, Atari Limited, a Company registered in Jersey became the immediate and ultimate parent undertaking of Ylem Group Limited. Atari Limited is owned by a family trust of Mr Tim Scott, which is considered to be the ultimate controlling party.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKS, Neil Andrew David | Director | 2023-08-07 | Jul 1990 | British |
| GADSBY, Ian Andrew | Director | 2023-08-07 | Jul 1964 | British |
| NOLAND, Paul | Director | 2023-08-07 | Apr 1980 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MILLER, Jacqueline | Secretary | 2020-04-01 | 2023-08-07 |
| GAY, Gary Alvin | Director | 2020-04-01 | 2023-08-07 |
| GAY, Steven Phillip | Director | 2020-04-01 | 2023-08-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ylem Flexible Power Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-09-20 | Active |
| Ylem Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-07 | Ceased 2024-09-20 |
| Gridsource Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-19 | Ceased 2023-08-07 |
| Mr Gary Alvin Gay | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-04-01 | Ceased 2022-05-19 |
| Mr Steven Phillip Gay | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-04-01 | Ceased 2022-05-19 |
Filing timeline
Last 20 of 35 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-09 | AA | accounts | Accounts with accounts type full | |
| 2025-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-24 | MA | incorporation | Memorandum articles | |
| 2025-01-02 | AA | accounts | Accounts with accounts type small | |
| 2024-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-22 | AA | accounts | Accounts with accounts type dormant | |
| 2023-09-06 | MA | incorporation | Memorandum articles | |
| 2023-09-06 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-08-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-08-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-22 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-98.3%
£183,165 £3,140
-
Net assets
-828.7%
-£32,399 -£300,877
lowest in 5 filed years
-
Employees
—
Not reported
-
Operating profit
-190.1%
-£19,860 -£57,609
-
Profit before tax
-726.1%
-£43,332 -£357,970
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers